Sigma-Aldrich Corporation Recognized by Carbon Disclosure Project (CDP) for Climate Change Disclosure
Published: Oct 02, 2012
ST. LOUIS, Oct. 1, 2012 /PRNewswire/ -- Sigma-Aldrich Corporation (Nasdaq: SIAL) was recently recognized by the Carbon Disclosure Project (CDP), an independent not-for-profit organization working to drive greenhouse gas emissions reduction and sustainable water use worldwide, for its innovative approach to the disclosure of climate change information.
"Sigma-Aldrich recognizes that the sustainability of our business depends on making smart choices regarding resource usage, which in turn affects the products delivered to customers and ultimately our communities," said Rakesh Sachdev, Sigma-Aldrich President and CEO. "Good global citizenship benefits the Company and all of its stakeholders and we are proud to be commended for our efforts."
This is the first year Sigma-Aldrich has been featured in CDP's "Carbon Disclosure Leadership Index." The index highlights companies within the S&P 500 Index that take a strong approach to information disclosure regarding climate change. Companies are scored on their climate change disclosure with high scores indicating proficient internal data management and understanding of climate change related issues affecting the Company.
"Sigma-Aldrich has set a number of goals designed to reduce the intensity of natural resource use by 2015," said Jeffrey Whitford, Global Citizenship Manager. "We are also planning an in-depth evaluation of our supply chain to determine additional ways to reduce environmental impact. We have made great progress to date, but we know there is more work to be done."
The index, compiled by PwC on behalf of CDP, provides an evaluation tool for institutional investors and other stakeholders. This year it includes 53 companies from the S&P 500 based on analysis of their responses to CDP's questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.
"Companies that make the Carbon Disclosure Leadership Index demonstrate strong internal data management practices for the measurement of greenhouse gas emissions and energy use," said Paul Simpson, Chief Executive Officer of CDP. "They are also giving clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities. This is vital to realizing greater efficiencies, protecting the business from risk and capitalizing on opportunities."
The S&P 500 report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
Cautionary Statement: The foregoing release contains forward-looking statements that can be identified by terminology such as "innovative," "reduce," or similar expressions, or by expressed or implied discussions regarding potential future revenues from the business associated therewith. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that global citizenship or resource reduction will assist the Company to achieve any particular levels of revenue in the future. In particular, management's expectations regarding global citizenship could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally and other risks and factors referred to in Sigma-Aldrich's current Form 10-K on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Sigma-Aldrich is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of $78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. To learn more, visit www.cdproject.net.
Sigma-Aldrich is a leading Life Science and High Technology company whose biochemical, organic chemical products, kits and services are used in scientific research, including genomic and proteomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical, diagnostics and high technology manufacturing. Sigma-Aldrich customers include more than 1.3 million scientists and technologists in life science companies, university and government institutions, hospitals and industry. The Company operates in 38 countries and has nearly 9,100 employees whose objective is to provide excellent service worldwide. Sigma-Aldrich is committed to accelerating customer success through innovation and leadership in Life Science and High Technology. For more information about Sigma-Aldrich, please visit its website at www.sigmaaldrich.com.
Sigma-Aldrich is a trademark of Sigma-Aldrich Co, LLC registered in the US and other countries.
SOURCE Sigma-Aldrich Corporation